Maryland HB470: Digital Asset and Blockchain Technology Task Force - Establishment

What the bill says

An act concerning Digital Asset and Blockchain Technology Task Force - Establishment FOR the purpose of establishing the Digital Asset and Blockchain Technology Task Force to study and make recommendations regarding the use and regulation of blockchain technology and cryptocurrency in the State; and generally relating to the Digital Asset and Blockchain Technology Task Force.

From the enrolled text, May 19, 2026:

AN ACT concerning Digital Asset and Blockchain Technology Task Force - Establishment FOR the purpose of establishing the Digital Asset and Blockchain Technology Task Force to study and make recommendations regarding the use and regulation of blockchain technology and cryptocurrency in the State; and generally relating to the Digital Asset and Blockchain Technology Task Force. SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That: (a) There is a Digital Asset and Blockchain Technology Task Force. (b) The Task Force consists of the following members: (1) two members of the Senate of Maryland, appointed by the President of the Senate; (2) two members of the House of Delegates, appointed by the Speaker of the House; (3) the Comptroller, or the Comptroller's designee; (4) the State Treasurer, or the State Treasurer's designee; (4) (5) the Secretary of Commerce, or the Secretary's designee; (6) the Secretary of Information Technology, or the Secretary's designee; (5) (7) the Secretary of Labor, or the Secretary's designee; and (8) the Securities Commissioner, or the Commissioner's designee; and (6) (9) the following members, appointed by the Governor: (i) one representative two representatives of the financial services industry; (ii) one faculty member of an institution of higher education in the State who specializes in economics; and (iii) two representatives of the Maryland Blockchain Association. Ch. 548 …

Read the full official text

Sponsors

• Adrian Boafo (D, 23) · primary sponsor
• Marlon Amprey (D, 40)
• Kym Taylor (D, 23)
• Joe Vogel (D, 17)

Latest actions

1. May 12, 2026: Approved by the Governor - Chapter 548
2. April 7, 2026: Returned Passed
3. April 6, 2026: Third Reading Passed (46-0)
4. March 31, 2026: Favorable Adopted Second Reading Passed
5. March 30, 2026: Favorable Report by Finance
6. March 23, 2026: Referred Finance
7. March 23, 2026: Third Reading Passed (131-7)
8. March 21, 2026: Second Reading Passed with Amendments
9. March 21, 2026: Favorable with Amendments {743427/1 Adopted
10. March 20, 2026: Favorable with Amendments Report by Economic Matters

Votes

• Third Reading Passed (46-0) (April 6, 2026): 46 yea, 0 nay, passed
• Third Reading Passed (131-7) (March 23, 2026): 131 yea, 7 nay, passed

Common questions

What is HB470?

HB470 is a bill in the Maryland Legislature (2026 Regular Session): Digital Asset and Blockchain Technology Task Force - Establishment.

What does HB470 do?

In its own words: An act concerning Digital Asset and Blockchain Technology Task Force - Establishment FOR the purpose of establishing the Digital Asset and Blockchain Technology Task Force to study and make recommendations regarding the use and regulation of blockchain technology and cryptocurrency in the State; and generally relating to the Digital Asset and Blockchain Technology Task Force.

What is the status of HB470?

Signed into law as of May 12, 2026. Latest action: Approved by the Governor - Chapter 548 (May 12, 2026).

Who sponsored HB470?

Adrian Boafo (D, 23), with 3 co-sponsors.

Where is the official record for HB470?

On the Maryland Legislature website: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/hb0470?ys=2026RS